Which of the following statements pertaining to the suicide clause in a life insurance policy is NOT correct?

A) An insured committed suicide on February 1. The insured had a $50,000 life insurance policy, which was issued on January 28 two years previously. The $50,000 death benefit was paid to the beneficiary of the policy.
B) The suicide clause stipulates a period of time during which benefits will not be paid if the insured commits suicide.
C) The suicide clause is designed to protect the insuring company.
D) An insured with a $75,000 life insurance policy issued December 15 commits suicide two years later, on December 24th The beneficiary of the policy will receive a return of the premiums paid for the policy.

Answer: D) An insured with a $75,000 life insurance policy issued December 15 commits suicide two years later, on December 24th The beneficiary of the policy will receive a return of the premiums paid for the policy.